RE:RE:RE:RE:Don't know who watched the close...Gap up tommorowWhy are any of them going down?? ACB, OGI, MT etc....the entire industry is going down right now. Trust me I'm not a pro investor - I take a lot of info and try to understand it as much as the next person...there are many factors here and I for one think the biggest is the shorters - this is just my opinion..they are controlling the stocks right now and it's crazy to be honest. I think the other factor is the holidays and maybe people pulling out their profits for that..the HC report has come and gone so now it's a waiting game to see what the next big news is. For each stock!
So don't kid yourself by thinking ACB is better than CGC and should be valued the same - not true at all....as I said in my last post CGC has a larger capacity to produce and sell than ACB - in time hopefully ACB will be there but if ACB really wants to compete with CGC they too will need to think global - and not just think but start acting upon it as CGC does. CGC is making a name for themselves-think of Amazon back in the day - their focus was global dominatin, they were losing money for years but they had a stragey which they followed for global domination - CGC seems to be doing the same as Amazon - only the strongest will survive annd I believe CGC is the strongest right now..